I'm at 98%+, feeling extremely comfy. I don't think Monero will be made illegal, but it would definitely be a good test. Also, the Streisand effect is a thing.
/XMR(Monero)
Fluffy is joking. There is also the inside joke of Fluffy's 2023 exit scam lol
>Thinking of allocating close to 100% of my portfolio in Monero. Thoughts on the risk posed by governments applying pressure on anonymous cryptos?
it will make it even more scarce and valuable
it woudn't become day to day payment crypto, but instead will be storage of value
mining can't be banned worldwide
and if they ban exchanges there still will be decentralized exchanges and atomic swaps
I'm skeptical, I think there would be a lot of dumping from whales with IRS eyes on them especially if monero ownership is outlawed
Monero is gonna be big . much bigger than most people think . it follows btc steps ,dnm using it ,privacy ,store of value etc when bitcoin started going big people had the same dillema you have now , that governments are gonna kill due to privacy etc 2 years from now there will be people hitting their heads for not buying xmr at sub 200$ prices
Well to be honest it is a legitimate concern. Bitcoin was never anonymous and people with a bit of technical expertise have always known it. Monero on the other hand, offers real privacy and anonymity.
What's a good exchange to purchase XMR from? Bitfinex have suspended US accounts.
Bittrex? Binance?
98% in ETH and I've been thinking of putting a sizable chunk in XMR. Possibly 80% ETH, 20% in XMR.
It's always seemed like the most undervalued crypto, so I wouldn't be surprised if it surpasses $1000 EOY 2018 as said. In fact, I'm confident it will reach at least $2000, especially with all the people waking up to it.
Monero is what people think Bitcoin is. We know before the normies, so it's a perfect chance to buy it up.
These long term holds are killing me, I wanna make a quick 10x!
MXR price EOY2017?